Glossary entry (derived from question below)
English term or phrase:
close trading
English answer:
buying at a low price and selling on a low margin
Added to glossary by
Jenni Lukac (X)
Sep 15, 2012 19:32
11 yrs ago
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English term
close trading
English
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He was a man of uncompromising moral strength, coming into a
new country with a small stock of goods and supporting five people out
of it in comfort and security at least. He did it by ------------------------------close trading, ----------------------to
be' sure: he could not have done it save by close trading or dishonesty;
and as your grandfather said, a man who, in a country such as
Mississippi was then, would restrict dishonesty to the selling of straw
hats and hame strings and salt meat would have been already locked up by
his own family as a kleptomaniac.
Thank you!
new country with a small stock of goods and supporting five people out
of it in comfort and security at least. He did it by ------------------------------close trading, ----------------------to
be' sure: he could not have done it save by close trading or dishonesty;
and as your grandfather said, a man who, in a country such as
Mississippi was then, would restrict dishonesty to the selling of straw
hats and hame strings and salt meat would have been already locked up by
his own family as a kleptomaniac.
Thank you!
Responses
4 +3 | buying at a low price and selling on a low margin | Jenni Lukac (X) |
Change log
Sep 15, 2012 19:32: changed "Kudoz queue" from "In queue" to "Public"
Sep 20, 2012 08:47: Jenni Lukac (X) Created KOG entry
Responses
+3
28 mins
Selected
buying at a low price and selling on a low margin
That's how I interpret it. The writer has stated that he wasn't dishonest so he must have been very diligent about not paying too much for what he later sold to his customers at a reasonable price.
4 KudoZ points awarded for this answer.
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